The "myth" of the biological asset is dismantled in this video. The rationale behind this accounting line as well as the benefits for the user of the financial statements are addressed.
In this video we explain how foreign exchange variations impact our financial statements with two illustrative examples. In addition, we explain the rationale behind the decision to use â€œAdjusted Net Incomeâ€ in order to better assess AdecoagroÂ´s financial performance.
With this Excel file, you will be able to convert Hydrous Ethanol Prices in Paulinia (you can get this price from Bloomberg) into a cts/lb sugar equivalent price in Mato Grosso do Sul.
The file contains an illustrative example to account for the implications of the standard IFRS 16 in our Financial Statements.